Panama vs Papua New Guinea: Broad money
Broad money over time
- Panama
- Papua New Guinea
How they compare
Papua New Guinea currently reports 22.31 billion current LCU against 19.60 billion current LCU in Panama, a difference of 2.71 billion current LCU.
That makes Papua New Guinea's figure about 1.1 times Panama's.
Across all 36 years both countries report, Panama has been ahead every year.
Panama ranks 139th and Papua New Guinea ranks 137th of 166 countries.
Panama has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Panama | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 748.94 million current LCU | 355.45 million current LCU | 393.49 million current LCU | Panama |
| 1980s | 1.97 billion current LCU | 778.85 million current LCU | 1.19 billion current LCU | Panama |
| 1990s | 5.36 billion current LCU | 1.99 billion current LCU | 3.37 billion current LCU | Panama |
| 2000s | 12.70 billion current LCU | 5.35 billion current LCU | 7.35 billion current LCU | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money, Panama or Papua New Guinea?
- Papua New Guinea, at 22.31 billion current LCU against 19.60 billion current LCU in Panama as of 2019.
- What is the difference in broad money between Panama and Papua New Guinea?
- 2.71 billion current LCU, with Papua New Guinea ahead.
- How many years of comparable data are there for Panama and Papua New Guinea?
- 36 years are reported by both, from 1973 to 2008.
- How do Panama and Papua New Guinea rank globally for broad money?
- Panama ranks 139th and Papua New Guinea ranks 137th of 166 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Broad money (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.